"Large deficits" refers to a situation where a country or an individual spends more money than they earn or receive. It results in a negative balance or shortfall and can lead to financial instability and debts.
Sentences with «large deficits»
This ensured that the beneficial effects of rate cuts were not offset by the risks of larger deficits. (larrysummers.com)
The first way is to examine politically why countries often run large deficits. (politics.stackexchange.com)
The thing is, most of the deficit spending has not been useful; there's no economic reason to run such large deficits. (alephblog.com)